TDI - Traders Dynamic Index [SystemAlpha]Traders Dynamic Index with Divergence
Credits to the original code author LazyBear and modifications by JustUncleL
Systemalphatrader
Supertrend MTF [SystemAlpha]This is Supertrend Multi-time Frame script.
There is an option for Higher Tİme Frame Period. if you choose "Auto" then Higher Time Frame calculation would be made by script.
Or you can choose "User Defined" and then you must choose the period for Higher Time Frame.
Stochastic Oscillator [SystemAlpha]This is a Stochastic Oscillator enhanced with:
- Show Buy and Sell Alert
- Show Regular and Hidden divergence
- Show Divergence Labels
- Generate Alerts: Buy/Sell and Divergence
RSI Indicator [SystemAlpha]This is a RSI indicator enhanced with:
- Show Buy and Sell Alert
- Fill on oversold and overbought levels
- Show Regular and Hidden divergence
- Show Divergence Labels
- Generate Alerts: Buy/Sell and Divergence
MACD Indicator [SystemAlpha]This is a MACD indicator enhanced with:
- Show MACD and Signal Only or Histogram Only or Both
- Show Buy and Sell Alert - MACD Cross
- Show Bar Color
- Show Regular and Hidden divergence
- Show Divergence Labels
- Generate Alerts: Buy/Sell and Divergence
CCI Indicator [SystemAlpha]This is a CCI indicator enhanced with:
- Show Alert
- Fill on oversold and overbought levels
- Show Regular and Hidden divergence
- Show Divergence Labels
T3-CCI Impulse [SystemAlpha]FX Sniper's T3-CCI indicator modified with bar color and regular divergence.
Also added option to change bar color based on Elder's Impulse System.
ADX and DI Advance [SystemAlpha]Our version of ADX DMI indicator with option to show ADX as histogram or line.
MACD+ Strategy [SystemAlpha]This is a strategy based on MACD Oscillator . Instead of using just the normal crossovers, we use trend filters, trailing stop loss and take profit targets. This strategy was developed for crypto, forex and stocks on daily timeframe but feel free to experiment on 15 minutes or higher using heikin ashi or normal candles
In this strategy you have a choice of:
Trend Filters:
- Average Directional Index ( ADX ) – buy when price is trend is up and sell when trend is down.
- Moving Average (MA) – buy when price close above the defined moving average and sell when price close below moving average
- Parabolic SAR – buy when SAR is above price is above price and sell when SAR is below price.
- All - Use ADX , MA and SAR as filters
For MA Filter , you can use the “TF MA Type” and "TF MA Period" parameter to select Simple or Exponential Moving Average and length.
Stop Loss:
- Average True Range (ATR) – ATR % stop as trailing stop loss.
- Parabolic SAR ( SAR ) – Parabolic SAR adapted as trailing stop loss.
For ATR , you can use the “ATR Trailing Stop Multiplier” parameter to set an initial offset for trailing stop loss.
Take Profit Target:
- Average True Range (ATR) – ATR % stop as trailing stop loss.
- Standard % – Percent as target profit
For ATR , you can use the “ATR Take Profit Multiplier” parameter to set an initial offset for trailing stop loss.
Additional feature include:
- Regular and Hidden Divergence display and alerts
STRATEGY ONLY:
- Set back test date range
- Set trade direction - Long, Short or Both
- Use timed exit - Select method and bars
- Method 1: Exit after specified number of bars.
- Method 2: Exit after specified number of bars, ONLY if position is currently profitable.
- Method 3: Exit after specified number of bars, ONLY if position is currently losing.
TradingView Links:
Alerts:
MACD:
How to use:
1. Apply the script by browsing through Indicators --> Invite-Only scripts and select the indicator
2. Once loaded, click the gear (settings) button to select/adjust the parameters based on your preference.
3. Wait for the next BUY or SELL signal to enter the trade!
Disclaimer:
The indicator and signals generated do not constitute investment advice; are provided solely for informational purposes and therefore is not an offer to buy or sell a security; are not warranted to be correct, complete or accurate; and are subject to change without notice.